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The Us Dollar, the Euro, and the Yen : An Evaluation of Their Present and Future Status as International Currencies
Beckmann, Rainer - 2010
The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In section two the functions, benefits, and costs of a leading international currency are discussed. In section three key determinants for the continuous dominance of the US dollar...
Persistent link: https://www.econbiz.de/10013136590
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The Single Global Currency - Common Cents for Business
Bonpasse, Morrison - Volkswirtschaftliche Fakultät, … - 2007
As globalization continues, businesses are increasingly importing and exporting from countries with different currencies. To conduct that business, they (whether one or both parties) must pay fees for exchanging one currency for another and they must determine the exchange rate for a particular...
Persistent link: https://www.econbiz.de/10005836848
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Bretton-Woodský měnový systém: Systém fixních nebo de-facto plovoucích kurzů?
Bednarik, Radek - Volkswirtschaftliche Fakultät, … - 2009
International monetary system made by agreement in Bretton – Woods, is widely known to be the system of fixed exchange rates with allowed +/- 1% band of oscillation. As such, it is viewed as the period of exchange rates stability. However, our analysis of Reinhart – Rogoff’s (2004)...
Persistent link: https://www.econbiz.de/10005042697
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Compositional Analysis of Foreign Currency Reserves in the 1999-2007 Period : The Euro vs. The Dollar as Leading Reserve Currency
Aristovnik, Aleksander; Čeč, Tanja - Volkswirtschaftliche Fakultät, … - 2009
Using a critical analysis of the acquired data, this article mainly aims to present the currency composition of the foreign currency reserves of central banks in selected countries in the 1999-2007 period and, on this basis, to establish whether the euro stands any real chances of dethroning the...
Persistent link: https://www.econbiz.de/10005616598
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The Single Global Currency - Common Cents for Commerce
Bonpasse, Morrison - Volkswirtschaftliche Fakultät, … - 2008
As globalization continues, businesses are increasingly importing and exporting from countries with different currencies. To conduct that business, they must pay fees for exchanging one currency for another and they must determine the exchange rate for a particular time. If the transaction is to...
Persistent link: https://www.econbiz.de/10005617198
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Banii şi creşterea economică mondială. Sistemul monetar internaţional este extrem de fragil
Georgescu, George - Volkswirtschaftliche Fakultät, … - 2006
The paper is focusing on the world financial framework deterioration, as an adverse cost of the accelerated globalization of international goods & capital flows. The inclining of world monetary axis towards East by the accumulation of huge international reserves (in a few Asian countries) in...
Persistent link: https://www.econbiz.de/10008642668
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China's Reforms: Past, Present, and Future
Tian, Guoqiang - Volkswirtschaftliche Fakultät, … - 2000
note, I will mainly focus on China’s reform and institutional transition. This paper first views and evaluates the …
Persistent link: https://www.econbiz.de/10011258676
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El fortalecimiento institucional de los bancos centrales
Heinrich, Gregor - Volkswirtschaftliche Fakultät, … - 2010
Annotated remarks made at the 50th Anniversary Conference “Fortalecimiento institucional de los bancos centrales y efectividad de la política monetaria”, of the Central Bank of Nicaragua, February 2010. The paper lays out the importance of institutional strenthening (governance) as an...
Persistent link: https://www.econbiz.de/10011258861
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Which Theory Is Directing China’s Reform of State-Owned Enterprises: From 1978 to 2008 and Onward?
Li, Zheng; Dai, Shuanping - Volkswirtschaftliche Fakultät, … - 2009
China’s reform of state-owned enterprises (SOEs) has achieved notably through 30 years of reforms while the performance … affecting China’s reform of SOEs. Focuses in different periods of the reform are varied, as are the theories guiding decision …, and Lang Xianping vs. Gu Chujun within the 30 years as a clue, has put in a model theories that affect China’s reform of …
Persistent link: https://www.econbiz.de/10011259101
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Механизм договорных цен (Mekhanizm dogovornykh tsen)
Polterovich, Victor; Levin, Mark; Lakhman, Iosif - Volkswirtschaftliche Fakultät, … - 1987
We describe the negotiated-price mechanism, introduced in the USSR in 1985, to increase flexibility of retail prices. We discuss a possibility to improve interactions between manufacturing and retailing through negotiated prices, and demonstrate a methodology to estimate them, using consumer...
Persistent link: https://www.econbiz.de/10011260219